2-bedroom flat · RG5 3HW
Sold STCListed 84 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered with **no onward chain**, this beautifully presented two double bedroom ground floor maisonette in the popular Southlake area boasts a private rear garden, residents' parking and stylish, ready-to-move-into accommodation throughout.
Offered to the market with **no onward chain**, this beautifully presented two double bedroom ground floor maisonette is situated in the popular Southlake area of Woodley.
Combining spacious accommodation with stylish interiors, a private rear garden and residents' parking, the property is ideally suited to first-time buyers, downsizers or investors seeking a home that is ready to move straight into.
The accommodation is accessed via its own private entrance porch, creating a welcoming introduction to the home.
The generous living/dining room provides an excellent space for both relaxing and entertaining, with an abundance of natural light creating a bright and airy atmosphere.
Finished to a high decorative standard throughout, the property offers a contemporary feel that will appeal to a wide range of buyers.
The fitted kitchen is well-appointed with a range of modern wall and base units, generous worktop space and ample storage, providing a practical and attractive environment for everyday cooking.
Both bedrooms are comfortable double rooms, each benefitting from built-in wardrobes that maximise storage while maintaining excellent floor space.
The accommodation is served by a unique and beautifully presented four-piece family bathroom, featuring both a separate bath and shower enclosure, offering a touch of luxury rarely found in properties of this style.
Externally, the property enjoys the significant advantage of a private enclosed rear garden, predominantly laid to lawn with space for outdoor seating, entertaining or simply relaxing during the warmer months.
Residents' parking is also available, providing additional convenience for homeowners and visitors alike.
Further benefits include gas radiator central heating, double glazing throughout and attractive wood flooring, all contributing to the property's excellent condition and low-maintenance appeal.
Conveniently located within easy reach of Woodley town centre, the property is close to a wide range of local shops, supermarkets, cafés and leisure facilities.
Excellent transport links via the A329(M), M4 motorway and Reading town centre make it ideal for commuters, while nearby parks and green spaces provide plenty of opportunities for outdoor recreation.
Offering spacious accommodation, modern presentation, a private garden and the added benefit of **no onward chain**, this is an excellent opportunity to purchase a superb ground floor maisonette in one of Woodley's most popular residential areas.
Early viewing is highly recommended. Lease - 158 years Ground Rent - £10 Per Annum
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Wallace Close, Woodley, Reading, Berkshire, RG5
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